Paying taxes: Labor tax and contributions in Guyana
Guyana: Paying taxes: Labor tax and contributions was 9.2% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in Guyana, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Guyana recorded 9.2% for paying taxes: labor tax and contributions in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 4.5% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Guyana peaked at 9.2% in 2014 and was at its lowest, 8.8%, in 2005.
Guyana ranks 137th of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Labor tax and contributions in Guyana, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 8.8% | — |
| 2006 | 8.8% | +0.0% |
| 2007 | 8.8% | +0.0% |
| 2008 | 8.8% | +0.0% |
| 2009 | 8.8% | +0.0% |
| 2010 | 8.8% | +0.0% |
| 2011 | 8.8% | +0.0% |
| 2012 | 8.8% | +0.0% |
| 2013 | 8.8% | +0.0% |
| 2014 | 9.2% | +4.5% |
| 2015 | 9.2% | +0.0% |
| 2016 | 9.2% | +0.0% |
| 2017 | 9.2% | +0.0% |
| 2018 | 9.2% | +0.0% |
| 2019 | 9.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.8% | 8.8% | 8.8% | 5 |
| 2010s | 9.0% | 8.8% | 9.2% | 10 |
Countries ranked near Guyana
- 134 United States of America 9.8% compare
- 135 Papua New Guinea 9.5% compare
- 136 Trinidad and Tobago 9.4% compare
- 138 Angola 9.0% compare
- 139 Philippines 8.9% compare
- 140 Honduras 8.8% compare
More reference data data for Guyana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0396 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0791 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2193 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0297 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2193 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1326 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0457 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.4179 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1619 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Guyana?
- Paying taxes: labor tax and contributions in Guyana was 9.2% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Guyana?
- The highest recorded value was 9.2% in 2014.
- What is the lowest paying taxes: labor tax and contributions recorded in Guyana?
- The lowest recorded value was 8.8% in 2005.
- How does Guyana rank for paying taxes: labor tax and contributions?
- Guyana ranks 137th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Guyana?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Guyana data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.